- June 11, 2018
- Blog , The Portfolio Strategist - Terry Gardner
C.J. Lawrence Weekly – Support for Consumer Discretionary Stocks…U.S. Household Net Worth Exceeds $100 Trillion for First Time
The Fed’s recent snapshot paints a picture of a healthy U.S. household sector. That is good news for U.S. Gross Domestic Product (GDP), two-thirds of which is driven by consumer spending. But while some market watchers suggest that the U.S. economy is late in the business cycle, U.S. household...